Denbury Resources Inc.s in-depth stock price analysis indicates that the stock price has rallied 18.87% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 16.56% . Looking at the past 52 week period, the stock price is up at 220.54% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Denbury Resources Inc. has a positive value of 65.77 compared to overall market. Stocks of Denbury Resources Inc. (NYSE:DNR) rallied by 1.41% during the past week but lost 5.53% on a 4-week basis. The company has outperformed the S&P 500 by 0.59% in the past week but underperformed the index by 7.22% in the last 4 weeks.
Denbury Resources Inc. (NYSE:DNR) : On Friday heightened volatility was witnessed in Denbury Resources Inc. (NYSE:DNR) which led to swings in the share price. The stock opened for trading at $3.59 and hit $3.67 on the upside , eventually ending the session at $3.59, with a gain of 2.87% or 0.1 points. The heightened volatility saw the trading volume jump to 6,397,486 shares. The 52-week high of the share price is $4.8 and the company has a market cap of $1,430 million. The 52-week low of the share price is at $0.887 .
Denbury Resources Last issued its quarterly earnings results on Aug 4, 2016. The company reported $0.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.02. The company had revenue of $255.10 million for the quarter, compared to analysts expectations of $299.91 million. The companys revenue was down -32.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.13 EPS.
Company has reported several Insider transactions to the SEC, on Aug 16, 2016, Greg Mcmichael (director) sold 10,000 shares at 3.13 per share price.On Apr 2, 2015, Ronald G Greene (director) sold 45,000 shares at 18.42 per share price.
Denbury Resources Inc. is oil and gas company engaged in the exploration, production and development of natural gas properties in the Gulf Coast region located in Mississippi, Texas, Louisiana, and Alabama. It also has properties primarily located in Montana, North Dakota, Utah, and Wyoming. Denbury Resources Inc is headquartered in Plano, Texas.